# CanMonkey

Closed: Feb. 2026

## About this raise

CanMonkey, with a valuation of $25 million, is raising funds on Wefunder. It is an app-enabled trash-can-handling service that makes sure clients’ trash cans are at the right place at the right time. CanMonkey’s network of app-enabled CanRunners takes care of the dreaded chore of taking trash cans to the curb and back on collection day. The platform is operational in 25 states and 500 cities and has more than 6,000 properties subscribed and generated $3 million in revenue in 2024. Alexander Shapiro and Marc Zagoury founded CanMonkey in October 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, software development, hiring, and payroll.

## Investment Overview

**Invested this round:**
$110,642

### Deal Terms

#### Total Commitments

- **Platform:** Wefunder
- **Start Date:** 10/10/2025
- **Close Date:** 02/09/2026
- **Min. Goal:** $50,000
- **Max Goal:** $1,235,000
- **Min. Investment:** $100
- **Security Type:** SAFE

#### Company Stage

- **Company Stage:** Growth Stage
- **SEC Filing Type:** RegCF
- **Early Bird Val. Cap:** $20,000,000
- **Valuation Cap:** $25,000,000
- **Discount:** 20%

### Company & Team

#### Company

- **Year Founded:** 2017
- **Industry:** Consumer Products, Goods & Services
- **Tech Sector:** Marketplace Tech
- **Distribution Model:** B2B/B2C
- **Margin:** Low
- **Capital Intensity:** Low
- **Location:** Tempe, Arizona
- **Business Type:** Growth
- **Company Website:** [Visit Website](https://canmonkey.com/)

#### Team

- **Employees:** 10
- **Prior Founder Exits?** No
- **Founder Name:** Alexander Shapiro
- **Title:** CEO
- **Founder LinkedIn:** [View Alexander Shapiro LinkedIn profile](https://www.linkedin.com/in/k-alexander-shapiro-74b47259/)
- **Founder Name:** Marc Zagoury
- **Title:** CFO
- **Founder LinkedIn:** [View Marc Zagoury LinkedIn profile](https://www.linkedin.com/in/marc-z-3484a526b/)

## Financials

**Revenue**  
+23% YoY  
$3M as of FY24

**RR:** $3.6M  
**Cash on Hand**  
$73.3K as of Sep '25

**Gross Margin**  
39% as of FY24

#### Summary Profit and Loss Statement

|       | FY 2024      | FY 2023      |
|-------|--------------|--------------|
| Revenue      | $3,025,030  | $2,460,128  |
| COGS        | $1,851,245  | $1,595,610  |
| Tax         | $0          | $0          |
| Net Income  | $-45,971    | $-104,724   |

#### Summary Balance Sheet

|                       | FY 2024      | FY 2023      |
|-----------------------|--------------|--------------|
| Cash                  | $140,579     | $93,616      |
| Accounts Receivable    | $197,725     | $103,467     |
| Total Assets          | $989,911     | $712,185     |
| Short-Term Debt       | $159,267     | $164,249     |
| Long-Term Debt        | $583,860     | $648,188     |
| Total Liabilities     | $743,127     | $812,437     |

## Company Funding & Growth

### Funding history

**Total Prior Capital Raised:**  
$650,000

**VC Backed?:** No

| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|-------------|----------|-----------|--------------|---------------|--------|----------|
| 02/09/2026 | Wefunder | $25,000,000 | $110,642 | SAFE | Funded | RegCF |